GXO Logistics has announced a new partnership with Toolstation, a leading supplier of tools and building materials for professionals and serious DIYers.
This marks Toolstation’s first outsourced logistics partnership in the Netherlands and underscores GXO’s ability to efficiently scale and manage complex logistics operations.
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Willem Veekens, GXO’s Managing Director for Belgium, the Netherlands, and the Nordics highlighted the operational...
Officials for GXO Logistics Inc. touted their versatility in dealing with complex supply chains during the company’s first-quarter earnings call on Thursday.
GXO reported first-quarter revenue of $3 billion, a 21% year-over-year increase compared to the same quarter in 2024. Adjusted earnings per share in the first quarter was 29 cents, a 36% year-over-year decrease.
“The complexity related to potential tariffs has created a new array of challenges for our customers, including rising costs, a...
https://www.freightwaves.com/news/gxo-logistics-sees-growth-opportunities-in-e-commerce-health-care
GXO Logistics Inc. reported first-quarter revenue of $3 billion, a 21% year-over-year increase compared to the same quarter in 2024.
Adjusted earnings per share in the first quarter was 29 cents, a 36% year-over-year decrease.
Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately 200 million square feet, with a global workforce of more than 130,000 people.
Wall Street...
https://www.freightwaves.com/news/first-look-gxo-logistics-inc
Gigante de la logística del contrato GXO Logistics Inc. Los ingresos del cuarto trimestre aumentaron un 25% año tras año a $ 3.25 mil millones, gracias a las ventas sólidas y un nuevo contrato de clientes importantes, dijeron funcionarios de la compañía. La compañía reportó sus resultados de...
Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.
The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.
GXO’s adjusted earnings per share in the fourth quarter increased 43% year over year to $1.
“We had a stellar sales year, closed over $1 billion of new business wins for the second year in a...
https://www.freightwaves.com/news/gxo-logistics-reports-big-q4-gains-from-e-commerce-customers
GXO Logistics Inc. reportó fuertes actuaciones en sus resultados de ganancias de 2024 del cuarto trimestre y año completo después de que el mercado cerró el miércoles. Los ingresos del cuarto trimestre de la compañía aumentaron un 25% año tras año a $ 3.25 mil millones. Las ganancias ajustadas por...
https://fullavantenews.com/primer-vistazo-gxo-logistics-q4-ganancias/?lang=es
GXO Logistics Inc. reported strong performances in its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.
The company’s fourth-quarter revenue increased 25% year over year to $3.25 billion. Adjusted earnings per share in the fourth quarter increased 43% year over year to $1.
Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately...
https://www.freightwaves.com/news/first-look-gxo-logistics-q4-earnings
GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021, GXO announced Tuesday.
Wilson informed GXO’s board of directors that he plans to retire in 2025 but will continue to lead the company during the search for his successor, according to a news release.
“My time at GXO has been the highlight of my three decades in logistics,” Wilson said in a statement. “We have an outstanding organization that embraces new technologies, keeping us at the forefront of the...
https://www.freightwaves.com/news/gxo-logistics-ceo-malcom-wilson-to-retire
GXO Logistics Inc. sees an upward trend in the global freight market in 2025, encouraged by its growing customer base and organic sales growth in the third quarter.
“We definitely are feeling that we’re out of the trough that we’ve been in for the last 12 months, and we’re getting back to a more normal kind of growth type of metric,” CEO Malcolm Wilson said during a call with analysts Tuesday. “We’re definitely building for a much stronger 2025.”
Greenwich, Connecticut-based GXO Logistics (NYSE:...
https://www.freightwaves.com/news/gxo-logistics-sees-more-normal-freight-market-returning
GXO Logistics Inc. reported record quarterly performance Monday, with revenue surging 28% year over year to $3.16 billion.
Adjusted third-quarter earnings per share was 79 cents, compared with 69 cents for the third quarter in 2023.
The results exceeded Wall Street expectations for the quarter, which had estimated revenue of $3.03 billion and adjusted EPS at 78 cents per share.
For full-year 2024, GXO’s guidance expects organic revenue growth of 2% to 5%; adjusted EPS of $2.73 to $2.93; and...
https://www.freightwaves.com/news/gxo-logistics-posts-record-quarterly-revenue-of-3-16b